LoanUnited.com · Michigan · 2025

LoanUnited.com in Michigan: approval rate, denial rate and rates (2025)

LoanUnited.com took 194 mortgage applications in Michigan in 2025, ranking #213 of 973 lenders active in the state. It originated 36.1% of them and denied 7.2% (16.7% of the applications it decided), against a statewide denial rate of 18.5%.

194Applicationsin MI
16.7%Decision denial ratestate 22.6%
5.99%Median ratestate 6.75%
$245,000Median loanstate $155,000
$20MVolume47 counties

LoanUnited.com in Michigan vs the state

7.2%Denial rate-11.30 pts vs state
16.7%Decision denial rate-5.91 pts vs state
36.1%Origination rate-23.81 pts vs state
5.99%Median rate-0.76 pts vs state
0.23Rate spread (pts)-0.17 pts vs state
$82kMedian applicant income
70Loans originated
14Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
202360125.0%6.06%#319
202470241.4%6.13%#311
2025194707.2%5.99%#213

What LoanUnited.com lends in Michigan

By loan purpose

Home purchase 21 11% · 0.0% denied
Refinance 173 89% · 8.1% denied

By loan type

Conventional 22 11% · 0.0% denied
FHA 115 59% · 9.6% denied
VA 57 29% · 5.3% denied

Why it denied Michigan applicants

Credit history 6 43%
Debt-to-income ratio 3 21%
Unverifiable information 2 14%
Employment history 2 14%
Insufficient cash 1 7%

Where in Michigan

Counties with the most LoanUnited.com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 2953 10.3%
Oakland County 2292 9.1%
Macomb County 1871 5.6%
Genesee County 1020 0.0%
Kent County 920 0.0%
Washtenaw County 820 0.0%
Van Buren County 621 16.7%
Livingston County 530 0.0%
Saginaw County 510 0.0%
Monroe County 421 25.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 194 applications in 2025, of which 70 were originated and 14 denied.

7.2% of all applications, or 16.7% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans LoanUnited.com originated in Michigan in 2025 was 5.99%, against a statewide median of 6.75%.

About this data. Figures are LoanUnited.com's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology